Reuters | April 03, 2025 | International Trade
The U.S. trade deficit narrowed in February, but the level of imports remained elevated after businesses front-loaded goods to avoid higher prices from tariffs, keeping trade on track to be a drag on economic growth in the first quarter.
Reuters | April 03, 2025 | International Trade | Commodity
Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline, although previous duties remain in place.
The U.S. slapped a 26% reciprocal tariff on India in a setback to the South Asian country's expectation of getting relief from President Donald Trump's global trade policy that has unnerved world markets for weeks.
Reuters | April 03, 2025 | International Trade | Maritime | Breakbulk News
President Donald Trump's 25% auto tariffs will cover more than $460 billion worth of imports of vehicles and auto parts imports annually, according to a Reuters analysis of tariff codes included in a federal register notice on Wednesday.
Taiwan said on Thursday that U.S. tariffs levied on the island were unreasonable and it would discuss them with Washington, partly blaming U.S. tech curbs on China in President Donald Trump's first term for driving the trade imbalance.
AJOT Newsroom | April 03, 2025 | International Trade
AJOT Newsroom | April 03, 2025 | International Trade | Logistics | Shipping Technology
Magaya Corporation, the leading freight management platform for logistics service providers, today announced a range of product features to help customs brokers and importers stay compliant as trade regulations and tariffs continue to evolve at a rapid pace.
AJOT Newsroom | April 03, 2025 | International Trade | Ports & Terminals
China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.S. trading partners around the world.
At a cattle auction in Australia's lush Southern Highlands, an auctioneer shouts from a gantry over the din of nearly 2,000 cows waiting to be bought.
Canada unexpectedly swung into a trade deficit in February but both exports and imports stayed at near record levels, data showed on Thursday, as businesses kept building up inventories to offset some impacts of impending tariffs.
The head of the World Trade Organization told member states on Thursday that it had received "many" questions about the impact of U.S. President Donald Trump's tariffs on trade and would respond to their questions, according to a letter seen by Reuters.
Swiss engineering group ABB said on Thursday it is evaluating the implications of new import tariffs and expects to pass on higher costs that result from them.
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